COB-33: bureaucratic recordkeeping
Recordkeeping is a core bureaucratic function. A recent scientific article, while cowardly eschewing the term bureaucracy, described these findings from economic experiments investigating recordkeeping: Recordkeeping improves memory of past interactions in a complex exchange environment, which promotes reputation formation and decision coordination. Economies with recordkeeping exhibit a beneficially altered economic history where the risks of … Continue reading COB-33: bureaucratic recordkeeping